Car Finance

We promise to provide a full review for all applications, we won’t turn you away just because you don’t fit the regular mould, we will reviewing all possibilities and advise you of your options.

Let us save you time and money by having our professional car locators find and negotiate on your next car. Take the hassle out of running all over town – our car locaters take the stress out of negotiating on your next car and will ensure you don’t pay too much, and in some cases the car can be delivered to your door.

We will beat any written quote or we will provide you with a $100 fuel voucher on settlement on your loan.

It is becoming very common to see  0% comparison rates on purchases of brand new cars. On the surface this obviously appears very attractive and of course is a way to get people into dealerships to take advantage of what seems like an awesome offer.

This type of finance is termed ‘sub-vented finance’ meaning that the manufacturer will pay back the interest to the financier from the profit of the sale of the car. This of course means the manufacturer needs to keep enough profit margins from the sale price to be able to cover the loss of interest.

What this means to you is :

a. There will be little negotiation possible on the price of the vehicle, What this means is that the cost of the car may end up being more than perhaps you woudl get it from buying elsewhere.

b. The dealers are counting on creating a great “pitch” once they get you into the dealership

c. If you are trading in an old vehicle then you may find the value of this is probably lower than you expected again to help keep profit margins higher

d. There is likely to be restrictions regarding the term of the loan (i.e. usually shorter) which will put the monthly repayments higher for you

e. There may be major restrictions on such deals but the fact that you are already discussing the potential with a salesman means that they figure they have a better chance of selling you at their usual interest rate (often which is not the most competitive on the market.

We are not saying that this is definitely not right for you, you must make that decision, but do your research as to the price of the car elsewhere and of course talk to us about what a regular finance deal will mean both in terms of repayments and actual cost over the period of the loan. It may mean that 0% is not such a good deal after all for you.

 

Our initial discussion will take no more than 15-20 minutes over the phone to ascertain what options may be available to you.

If you’re happy with what we’ve spoken about we can arrange a pre-approval to give you peace of mind and ensure you can put forward a strong purchase offer. Some lenders have the ability to approve loans with 1 – 2 days – others may take a little longer to assess your application.

Each lender will have a different application time frame and we can advise you of what they are.

 

YES you can! In the same way that there are lenders who offer the better rates than you may be paying for a home loan, the same may be the case with vehicle financing. There are some things we must take into account specifically with care loans due to the fees and set up costs, but we will give you the information you need to make the right decision for you.

One of the most common things we are asked to explore is finance for balloon or residual payment again this IS possible for some people. We will be delighted to work with you to find out.

Yes, again this IS possible. There are lenders who we have access to who specialise in exactly this sort of situation. The loan structure may be slightly different than a personal car loan but the principles and the process are similar. As with everything we do, our job is to make it as simple and easy for you as possible.